Page 28 - March 25, 2019
P. 28
For many developing countries, especially those across emerging Asia, excluding coal from the energy mix is simply not an option because improved energy access drives
economic development.
According to the IEA's Energy Access Outlook 2017 report, nearly all of those who gained access to electricity worldwide in the last 16 years, did so through new grid
connections, mostly from fossil fuels – 45% of which came from coal. It currently provides 38% of the world's electricity and is essential in the production of 71.5% of the
world's steel and 70% of cement.
Rising coal use in Asia also highlights a need for greater focus on emissions reduction. This is why as an organisation, the WCA works with stakeholders to promote the
role that technology can play in helping coal-reliant countries to develop a pathway for zero emissions coal. This way countries can balance economic priorities with climate
objectives.
Since the Paris Agreement in 2015, the World Coal Association has encouraged and supported the 24 countries, representing half of the world's emissions, that identified a
role for cleaner coal technology within their climate pledges.
Raising capital for long-term energy infrastructure investments:
With this in mind, power producers need to raise project capital at the lowest cost possible in order to build energy infrastructure that will deliver reliable electricity at
affordable prices and, at the same time, have the required environmental controls to reduce emissions.
In less developed economies, however, raising this finance can present significant challenges as local capital markets may not support the type of long-term financing
required for energy infrastructure investments.
A number of international financial institutions, such as multilateral development banks (MDBs), have been established to address these challenges and promote growth in
emerging economies. Since 2013, however, the World Bank and several other similar bodies have adopted policies that concentrate lending on a narrow portfolio of
technologies, while excluding others. Support for coal-fuelled power, for instance, may only be given in 'rare and exceptional circumstances'.
The introduction of such measures appears at odds with the role coal-fuelled power is expected to play in many developing and emerging countries. In 2018, there was 492
GW of coal capacity under construction or in development globally, complementing the 2TW in operation.
Rather than curtailing demand for coal, there is growing evidence that the approach followed by the World Bank has created a void filled by alternative funding partners
that often may not apply the same stringent efficiency standards and environmental protections that MDBs have historically championed.
Supporting low emission coal technologies:
There is growing momentum towards reviewing international coal financing. The WCA would encourage any new approach to be based on these two-steps:
- Support the switch to best available high efficiency low emissions (HELE) technology: the construction of the most suitable HELE coal plant with modern emission
control technologies where that facilitates the delivery of commitments made by a country within their NDC under the Paris Agreement. Wherever practical, the involvement
of the World Bank or other MDBs in financing such projects should facilitate the inclusion of concepts of CCUS-readiness in plant design.
- Help drive the pathway to zero emissions from coal: engage with the relevant national government to support strategies for the development of CCUS technology as part
of that country's long-term climate action plan under the Paris Agreement.
The World Coal Association sees a critical role for the World Bank and other financial institutions in extending financing to encourage cleaner forms of power from coal.
Coal will have a continuing part to play in the global energy mix for decades to come. Accordingly, we should work to ensure the best available technologies are deployed.
ENERGY EDUCATION: MINING
Reforming World Bank policy also provides the opportunity to help drive zero emissions from coal by adopting long-term climate action plans that support the deployment of
carbon capture, use and storage (CCUS).
A MONTHLY UPDATE ON THE MINING INDUSTRY
THE WEEKLY ANCHOR
ACE & WCA are Partnering for Clean Coal Technology
THE WEEKLY ANCHOR
PAGE 28 MONDAY MARCH 25, 2019 MONDAY NOVEMBER 6, 2017 PAGE 19 Reducing emissions from coal: A role for the World Bank
A Monthly Update on the Coal Industry
ENERGY EDUCATION IN ACTION
As coal consumption increases, the need for low emission technologies critical
‘Decision the result of a failure to build a genuine coalition on climate action...’
A mainstay of the global energy mix, coal will The shifting demand centre Recognising that coal is going to remain a major
continue to be a critical enabler of development and Global production of coal, of which China accounts for fuel source for power generation (fossil fuels, Benjamin SportonWCA Chief Executive
remain as one of the fuels of choice in rapidly more than 40 per cent, is expected to increase. Data from including coal, will still make up 75% of the global
energy mix in 2040 according to recent projections),
the IEA noted that in 2018, coal was the largest single
Environment urbanising and industrialising economies. countries need to take the necessary steps to develop
The International Energy Agency (IEA), in its report source of electricity, contributing over 38 per cent to the
Coal 2018 – Analysis and Forecasts to 2023, forecasts world's electricity needs. Coal use in the power sector and promote utilisation of low emissions technologies,
The Canadian coal industry is committed to operating in an that demand for coal will grow by one per cent over grew by 1.9 per cent and was responsible for 40 per cent including carbon capture use and storage (CCUS).
environmentally responsible manner, and to continuously searching the next five years, fuelled by growth in Asia. of the additional power generation worldwide. In particular, the 24 nations who have identified a
Firing this demand is India, Korea and South-East Asia, role for low emission coal in their Nationally
Multiple independent forecasts show that coal will
for ways to reduce or eliminate what impact it may have associated continue to play a significant role in the global energy while China's coal consumption increased in 2017, using Determined Contributions (NDCs) as a way of
with the mining and use of coal. mix for decades to come. This is particularly true in 2743 million tonnes (more than a third of the world's total working towards their Paris Agreement targets – who
developing economies across Asia and Africa, where consumption). are collectively responsible for more than 50% of
At the Mine Site
However, it is India that is the primary driver of this
WCA comments on the IEA's 2018 supporting energy access and powering industrial increase, as it looks to deliver power to its 1-billion-strong climate pledges.
global emissions – must be supported in fulfilling their
coal is essential to enhancing energy security,
The environment is a fundamental consideration in the production,
population. The country became the world's second
Recognising this, WCA published “Driving CCUS
development.
transportation and use of coal in Canada and the coal industry has
largest consumer of coal in 2015 – overtaking the United
An evolving role:All countries have different
initatives that address land use, waste, air and water quality, noise approaches in how they will meet their future energy States – and has continued to grow. India has seen a 4.4 deployment: The pathway to zero emissions from
coal” last November, which called for a concerted
per cent rise in usage and by 2023, it is predicted that its
international effort to advance the technology across
and emissions.
needs, which are influenced by factors including
World Energy Investment report population growth, economic growth, energy prices demand will see an increase of another 150 million tons of sectors such as electricity generation, industry and
coal.
Some of the ways that environmental impacts are reduced:
bioenergy.
and technological advancement. Keisuke Sadamori,
A glance across South East Asia also sees demand
With the IPCC stating that most future pathways
Director of Energy Markets and Security at the IEA,
·
mining trucks have increased significantly in size reducing
stating: “For many countries, particularly in South and coal-fired power plants to support economic development to heavily rely on CCUS (2018), the report highlights
the amount of trips needed to haul coal recognised coal's importance to growing nations, growing in Indonesia, the Philippines and Vietnam as new limiting global warming to well below 2°C will need
are being built. Growth in the region is expected to rise by the importance of an international commitment to
· railway cars made of aluminum mean one locomotive can Southeast Asia, it is looked upon to provide energy 5.7 percent through 2023, the IEA forecasts. advancing action.
security and underpins economic development.”
Coal will continue to be a major component of global
Meeting the Paris goals requires an immediate and
There's currently 492 GW of new coal-fuelled power
haul more coal using the same amount of fuel plant capacity either planned or under construction fuel supplies and will be key in powering up several global response, of which deploying low-emission
· mining drills include dust collection systems today, much of it in emerging economies. different economies around the world – the IEA predicts technologies on a wider scale is an integral part.
that the future of energy growth will be led by non-OECD
· air quality and monitoring stations measure air quality on countries, such as India, Bangladesh, Pakistan, Southeast
site Asia and China.
Balancing priorities: A significant challenge for
Several years before a mine begins operation, planning goes into countries is to balance their fast-growing electricity
how the mine can be reclaimed to the same or even better demand while simultaneously pursuing climate change
aims, reducing their emissions in line with the goals of the
conditions. Environmental impact assessments take place, public Paris Agreement.
consultations are held and thorough reviews are undertaken by
regulatory agencies at the provincial and federal level. Mining The Weekly Anchor and
companies are required to report on their reclamation plan and industry supporters of responsible energy
progress to the government.
More than 75 of the land disturbed by coal mining in Alberta has
been reclaimed.
At the Power Plant THE
The use of any natural resource for energy will have varying GERING WEEKLY
degrees of impact on the natural environment. Effective GRAVEL SALES ANCHOR
technologies have been developed to tackle environmental
challenges, including the release of pollutants – such as sulfer and 5040 3rd Avenue
nitrogen. More recently, the focus has been on developing and 780-723-5787
deploying technologies to tackle greenhouse gas emissions
associated with the use of coal, including carbon dioxide and
methane.
CRUSHED GRAVEL - PIT RUN - WASHED ROCK -
PEA GRAVEL - SAND - LOADERS - GRADERS
economic development.
According to the IEA's Energy Access Outlook 2017 report, nearly all of those who gained access to electricity worldwide in the last 16 years, did so through new grid
connections, mostly from fossil fuels – 45% of which came from coal. It currently provides 38% of the world's electricity and is essential in the production of 71.5% of the
world's steel and 70% of cement.
Rising coal use in Asia also highlights a need for greater focus on emissions reduction. This is why as an organisation, the WCA works with stakeholders to promote the
role that technology can play in helping coal-reliant countries to develop a pathway for zero emissions coal. This way countries can balance economic priorities with climate
objectives.
Since the Paris Agreement in 2015, the World Coal Association has encouraged and supported the 24 countries, representing half of the world's emissions, that identified a
role for cleaner coal technology within their climate pledges.
Raising capital for long-term energy infrastructure investments:
With this in mind, power producers need to raise project capital at the lowest cost possible in order to build energy infrastructure that will deliver reliable electricity at
affordable prices and, at the same time, have the required environmental controls to reduce emissions.
In less developed economies, however, raising this finance can present significant challenges as local capital markets may not support the type of long-term financing
required for energy infrastructure investments.
A number of international financial institutions, such as multilateral development banks (MDBs), have been established to address these challenges and promote growth in
emerging economies. Since 2013, however, the World Bank and several other similar bodies have adopted policies that concentrate lending on a narrow portfolio of
technologies, while excluding others. Support for coal-fuelled power, for instance, may only be given in 'rare and exceptional circumstances'.
The introduction of such measures appears at odds with the role coal-fuelled power is expected to play in many developing and emerging countries. In 2018, there was 492
GW of coal capacity under construction or in development globally, complementing the 2TW in operation.
Rather than curtailing demand for coal, there is growing evidence that the approach followed by the World Bank has created a void filled by alternative funding partners
that often may not apply the same stringent efficiency standards and environmental protections that MDBs have historically championed.
Supporting low emission coal technologies:
There is growing momentum towards reviewing international coal financing. The WCA would encourage any new approach to be based on these two-steps:
- Support the switch to best available high efficiency low emissions (HELE) technology: the construction of the most suitable HELE coal plant with modern emission
control technologies where that facilitates the delivery of commitments made by a country within their NDC under the Paris Agreement. Wherever practical, the involvement
of the World Bank or other MDBs in financing such projects should facilitate the inclusion of concepts of CCUS-readiness in plant design.
- Help drive the pathway to zero emissions from coal: engage with the relevant national government to support strategies for the development of CCUS technology as part
of that country's long-term climate action plan under the Paris Agreement.
The World Coal Association sees a critical role for the World Bank and other financial institutions in extending financing to encourage cleaner forms of power from coal.
Coal will have a continuing part to play in the global energy mix for decades to come. Accordingly, we should work to ensure the best available technologies are deployed.
ENERGY EDUCATION: MINING
Reforming World Bank policy also provides the opportunity to help drive zero emissions from coal by adopting long-term climate action plans that support the deployment of
carbon capture, use and storage (CCUS).
A MONTHLY UPDATE ON THE MINING INDUSTRY
THE WEEKLY ANCHOR
ACE & WCA are Partnering for Clean Coal Technology
THE WEEKLY ANCHOR
PAGE 28 MONDAY MARCH 25, 2019 MONDAY NOVEMBER 6, 2017 PAGE 19 Reducing emissions from coal: A role for the World Bank
A Monthly Update on the Coal Industry
ENERGY EDUCATION IN ACTION
As coal consumption increases, the need for low emission technologies critical
‘Decision the result of a failure to build a genuine coalition on climate action...’
A mainstay of the global energy mix, coal will The shifting demand centre Recognising that coal is going to remain a major
continue to be a critical enabler of development and Global production of coal, of which China accounts for fuel source for power generation (fossil fuels, Benjamin SportonWCA Chief Executive
remain as one of the fuels of choice in rapidly more than 40 per cent, is expected to increase. Data from including coal, will still make up 75% of the global
energy mix in 2040 according to recent projections),
the IEA noted that in 2018, coal was the largest single
Environment urbanising and industrialising economies. countries need to take the necessary steps to develop
The International Energy Agency (IEA), in its report source of electricity, contributing over 38 per cent to the
Coal 2018 – Analysis and Forecasts to 2023, forecasts world's electricity needs. Coal use in the power sector and promote utilisation of low emissions technologies,
The Canadian coal industry is committed to operating in an that demand for coal will grow by one per cent over grew by 1.9 per cent and was responsible for 40 per cent including carbon capture use and storage (CCUS).
environmentally responsible manner, and to continuously searching the next five years, fuelled by growth in Asia. of the additional power generation worldwide. In particular, the 24 nations who have identified a
Firing this demand is India, Korea and South-East Asia, role for low emission coal in their Nationally
Multiple independent forecasts show that coal will
for ways to reduce or eliminate what impact it may have associated continue to play a significant role in the global energy while China's coal consumption increased in 2017, using Determined Contributions (NDCs) as a way of
with the mining and use of coal. mix for decades to come. This is particularly true in 2743 million tonnes (more than a third of the world's total working towards their Paris Agreement targets – who
developing economies across Asia and Africa, where consumption). are collectively responsible for more than 50% of
At the Mine Site
However, it is India that is the primary driver of this
WCA comments on the IEA's 2018 supporting energy access and powering industrial increase, as it looks to deliver power to its 1-billion-strong climate pledges.
global emissions – must be supported in fulfilling their
coal is essential to enhancing energy security,
The environment is a fundamental consideration in the production,
population. The country became the world's second
Recognising this, WCA published “Driving CCUS
development.
transportation and use of coal in Canada and the coal industry has
largest consumer of coal in 2015 – overtaking the United
An evolving role:All countries have different
initatives that address land use, waste, air and water quality, noise approaches in how they will meet their future energy States – and has continued to grow. India has seen a 4.4 deployment: The pathway to zero emissions from
coal” last November, which called for a concerted
per cent rise in usage and by 2023, it is predicted that its
international effort to advance the technology across
and emissions.
needs, which are influenced by factors including
World Energy Investment report population growth, economic growth, energy prices demand will see an increase of another 150 million tons of sectors such as electricity generation, industry and
coal.
Some of the ways that environmental impacts are reduced:
bioenergy.
and technological advancement. Keisuke Sadamori,
A glance across South East Asia also sees demand
With the IPCC stating that most future pathways
Director of Energy Markets and Security at the IEA,
·
mining trucks have increased significantly in size reducing
stating: “For many countries, particularly in South and coal-fired power plants to support economic development to heavily rely on CCUS (2018), the report highlights
the amount of trips needed to haul coal recognised coal's importance to growing nations, growing in Indonesia, the Philippines and Vietnam as new limiting global warming to well below 2°C will need
are being built. Growth in the region is expected to rise by the importance of an international commitment to
· railway cars made of aluminum mean one locomotive can Southeast Asia, it is looked upon to provide energy 5.7 percent through 2023, the IEA forecasts. advancing action.
security and underpins economic development.”
Coal will continue to be a major component of global
Meeting the Paris goals requires an immediate and
There's currently 492 GW of new coal-fuelled power
haul more coal using the same amount of fuel plant capacity either planned or under construction fuel supplies and will be key in powering up several global response, of which deploying low-emission
· mining drills include dust collection systems today, much of it in emerging economies. different economies around the world – the IEA predicts technologies on a wider scale is an integral part.
that the future of energy growth will be led by non-OECD
· air quality and monitoring stations measure air quality on countries, such as India, Bangladesh, Pakistan, Southeast
site Asia and China.
Balancing priorities: A significant challenge for
Several years before a mine begins operation, planning goes into countries is to balance their fast-growing electricity
how the mine can be reclaimed to the same or even better demand while simultaneously pursuing climate change
aims, reducing their emissions in line with the goals of the
conditions. Environmental impact assessments take place, public Paris Agreement.
consultations are held and thorough reviews are undertaken by
regulatory agencies at the provincial and federal level. Mining The Weekly Anchor and
companies are required to report on their reclamation plan and industry supporters of responsible energy
progress to the government.
More than 75 of the land disturbed by coal mining in Alberta has
been reclaimed.
At the Power Plant THE
The use of any natural resource for energy will have varying GERING WEEKLY
degrees of impact on the natural environment. Effective GRAVEL SALES ANCHOR
technologies have been developed to tackle environmental
challenges, including the release of pollutants – such as sulfer and 5040 3rd Avenue
nitrogen. More recently, the focus has been on developing and 780-723-5787
deploying technologies to tackle greenhouse gas emissions
associated with the use of coal, including carbon dioxide and
methane.
CRUSHED GRAVEL - PIT RUN - WASHED ROCK -
PEA GRAVEL - SAND - LOADERS - GRADERS
